Windsor News & Research Blog - Forex & CFD Market Analysis

Post-RBA short squeeze was short-lived as the Aussie peaked at 0.7235, before falling sharply and posting new low at 0.7157 on renewed probe through key 0.7160 support zone (May/Dec 2016 / Jan 2017 lows). Australian central bank kept…
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The pair advanced strongly on Tuesday, driven by fresh strength of the US dollar and less hawkish than expected BoJ operations which increased pressure on yen.Friday's hammer candle signaled strong downside rejection and basing just ahead…
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Cable holds in red for the fourth straight day and cracks 20SMA support at 1.2842 on Tuesday. Renewed Brexit concerns prompted traders out of pound, with bears being boosted by weak UK data on Monday. Technical studies are in bearish mode…
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The Euro extends lower in early Tuesday's trading and pressures again key supports at 1.1573/68 (30SMA / Fibo 38.2% of 1.1300/1.1733 upleg). The dollar rose on fears that US/China trade conflict could escalate, as well as concerns about…
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The pound fell further on Monday, hitting session low at 1.2863, after UK manufacturing PMI disappointed in August (52.8 vs 53.9 f/c) falling to the lowest levels in two years.Downbeat data add to negative near-term outlook, as the pair…
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WTI oil price holds with narrow and choppy range on Monday but remains above thin daily cloud after l rally from $64.43 (16 Aug low) showed signs of fatigue. Bullish sentiment on fears of further output reduction from Iran, due to US…
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The Australian dollar bounces from new low at 0.7165 which lays just above strong supports at 0.7160 zone (May/Dec 2016 / Jan 2017 higher base), following strong fall last week (the pair was down 1.7% for the week). Profit-taking after…
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The pair trades within narrowing range on Monday, holding in the middle of thick daily cloud, following strong downside rejection at cloud base (110.64) last Friday. Mixed signals from daily techs suggest no clear near-term direction, but…
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Cable stands at the back foot and pressures key support at 1.2897 (Fibo 38.2% of 1.2661/1.3043 rally), following two-day pullback from last week's recovery high at 1.3043 and Monday's gap-lower opening. Near-term bulls are running out of…
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The Euro moved higher in early European trading and covered small gap from the opening, as last week's two-day pullback from upside failure at daily cloud, found footstep just above solid supports at 1.1577 (30SMA) and 1.1568 (Fibo 38.2% of…
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